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Savings and loan   /sˈeɪvɪŋz ənd loʊn/   Listen
Savings and loan

noun
1.
A thrift institution that is required by law to make a certain percentage of its loans as home mortgages.  Synonym: savings and loan association.



Related search:
savings and loan association


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"Savings and loan" Quotes from Famous Books



... stimulus for privately financed housing construction. This stimulus consists of establishing a new system of yield insurance to encourage large-scale investment in rental housing and broadening the insuring powers of the Federal Housing Administration and the lending powers of the Federal savings and loan associations. ...
— Complete State of the Union Addresses from 1790 to the Present • Various


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